Overview

• Micron reported Q2 2025 revenue of $8.05 billion and EPS of $1.56, exceeding Wall Street estimates.
• Data center revenue tripled year-over-year, driven by surging demand for AI-related high-bandwidth memory products.
• The company forecasted Q3 revenue of $8.8 billion, surpassing analyst expectations, but its gross margin projection of 36.5% fell short.
• NAND flash memory oversupply and pricing pressures continue to weigh on profitability, impacting investor sentiment.
• Micron's stock initially rose after the earnings report but fell 8% on March 21 due to concerns over margin pressures.